Virginia Pace Authority
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 198,788 | 98,747 | 100,041 | 12.2 | — |
| 2021 | 31,188 | 241,607 | −210,419 | -5.5 | — |
| 2022 | 159,263 | 216,270 | −57,007 | -9.3 | — |
| 2023 | 149,048 | 266,721 | −117,673 | -12.8 | — |
In its most recent public year (2023), this organization spent $117,673 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.8 months), down from 12.2 in 2020.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Virginia Pace Authority's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works